Antitrust Antitrust

Raids on nine Indian steel companies over price collusion triggered by court directive

By Freny Patel
  • 19 Dec 2022 07:29
  • 19 Dec 2022 07:29
Nine steel companies across several parts of India have been raided by the country’s antitrust watchdog over the last two days, as part of an ongoing price-fixing investigation, the agency has confirmed.
The raids began on Dec. 16 and were ordered by the Office of Director General of the Competition

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Freny Patel


Freny has been covering antitrust law, M&A and regulations for over a decade, serving as Asia editor at Policy and Regulatory Report. Prior to joining as an editor at Mergermarket, she headed the banking bureau of a leading Indian financial daily, Business Standard. When India privatized the insurance sector, she had her own column in The Observer.

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